Biotechnology
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Side-by-side financial analysisStock Comparison
ANTX vs INSM vs SPRO vs PRAX vs ENTA
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
Biotechnology
Biotechnology
Biotechnology
ANTX vs INSM vs SPRO vs PRAX vs ENTA — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Biotechnology | Biotechnology | Biotechnology | Biotechnology | Biotechnology |
| Market Cap | $130M | $21.21B | $165M | $7.70B | $276M |
| Revenue (TTM) | $0.00 | $820M | $55M | $0.00 | $69M |
| Net Income (TTM) | $-35M | $-1.18B | $15M | $-327M | $-62M |
| Gross Margin | — | 81.6% | 100.0% | — | 98.3% |
| Operating Margin | — | -137.7% | 24.7% | — | -87.2% |
| Forward P/E | — | — | 4.3x | — | — |
| Total Debt | $0.00 | $768M | $3M | $110K | $201M |
| Cash & Equiv. | $20M | $510M | $40M | $357M | $32M |
ANTX vs INSM vs SPRO vs PRAX vs ENTA — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Mar 22 | Jun 26 | Return |
|---|---|---|---|
| AN2 Therapeutics, I… (ANTX) | 100 | 31.5 | -68.5% |
| Insmed Incorporated (INSM) | 100 | 416.4 | +316.4% |
| Spero Therapeutics,… (SPRO) | 100 | 32.8 | -67.2% |
| Praxis Precision Me… (PRAX) | 100 | 174.0 | +74.0% |
| Enanta Pharmaceutic… (ENTA) | 100 | 16.7 | -83.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: ANTX vs INSM vs SPRO vs PRAX vs ENTA
Each card shows where this stock fits in a portfolio — not just who wins on paper.
ANTX carries the broadest edge in this set and is the clearest fit for income & stability and defensive.
- Dividend streak 0 yrs, beta 0.42
- Beta 0.42, current ratio 6.87x
- 189.3% revenue growth vs PRAX's -100.0%
- Beta 0.42 vs PRAX's 1.55
INSM is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth 66.7%, EPS growth -15.1%, 3Y rev CAGR 35.2%
- 8.5% 10Y total return vs PRAX's -36.1%
SPRO is the #2 pick in this set and the best alternative if sleep-well-at-night is your priority.
- Lower volatility, beta 1.26, Low D/E 4.9%, current ratio 7.59x
- 27.8% margin vs INSM's -144.4%
- 25.0% ROA vs INSM's -51.6%, ROIC -0.2% vs -86.5%
PRAX ranks third and is worth considering specifically for momentum.
- +491.9% vs SPRO's -1.4%
Among these 5 stocks, ENTA doesn't own a clear edge in any measured category.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 189.3% revenue growth vs PRAX's -100.0% | |
| Quality / Margins | 27.8% margin vs INSM's -144.4% | |
| Stability / Safety | Beta 0.42 vs PRAX's 1.55 | |
| Dividends | Tie | None of these 5 stocks pay a meaningful dividend |
| Momentum (1Y) | +491.9% vs SPRO's -1.4% | |
| Efficiency (ROA) | 25.0% ROA vs INSM's -51.6%, ROIC -0.2% vs -86.5% |
ANTX vs INSM vs SPRO vs PRAX vs ENTA — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
ANTX vs INSM vs SPRO vs PRAX vs ENTA — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
SPRO leads in 2 of 6 categories
PRAX leads 1 • ANTX leads 0 • INSM leads 0 • ENTA leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
SPRO leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
INSM and PRAX operate at a comparable scale, with $820M and $0 in trailing revenue. SPRO is the more profitable business, keeping 27.8% of every revenue dollar as net income compared to INSM's -144.4%. On growth, INSM holds the edge at +2.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $0 | $820M | $55M | $0 | $69M |
| EBITDAEarnings before interest/tax | -$37M | -$1.1B | $14M | -$357M | -$55M |
| Net IncomeAfter-tax profit | -$35M | -$1.2B | $15M | -$327M | -$62M |
| Free Cash FlowCash after capex | -$31M | -$952M | $7M | -$283M | -$10M |
| Gross MarginGross profit ÷ Revenue | — | +81.6% | +100.0% | — | +98.3% |
| Operating MarginEBIT ÷ Revenue | — | -137.7% | +24.7% | — | -87.2% |
| Net MarginNet income ÷ Revenue | — | -144.4% | +27.8% | — | -89.6% |
| FCF MarginFCF ÷ Revenue | — | -116.1% | +13.2% | — | -13.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | +2.3% | -95.6% | — | +15.0% |
| EPS Growth (YoY)Latest quarter vs prior year | +17.1% | +46.5% | +48.0% | +2.7% | +57.5% |
Valuation Metrics
Evenly matched — ANTX and SPRO and PRAX each lead in 1 of 3 comparable metrics.
Valuation Metrics
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $130M | $21.2B | $165M | $7.7B | $276M |
| Enterprise ValueMkt cap + debt − cash | $110M | $21.5B | $128M | $7.3B | $445M |
| Trailing P/EPrice ÷ TTM EPS | -4.09x | -15.27x | 19.00x | -19.77x | -3.10x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — | 4.25x | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — | — |
| EV / EBITDAEnterprise value multiple | — | — | — | — | — |
| Price / SalesMarket cap ÷ Revenue | — | 34.97x | 2.77x | — | 4.23x |
| Price / BookPrice ÷ Book value/share | 2.70x | 28.29x | 2.85x | 6.83x | 3.92x |
| Price / FCFMarket cap ÷ FCF | — | — | — | — | — |
Profitability & Efficiency
SPRO leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
SPRO delivers a 35.6% return on equity — every $100 of shareholder capital generates $36 in annual profit, vs $-130 for INSM. PRAX carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to ENTA's 3.11x. On the Piotroski fundamental quality scale (0–9), SPRO scores 5/9 vs ANTX's 1/9, reflecting solid financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -52.3% | -130.1% | +35.6% | -43.0% | -64.0% |
| ROA (TTM)Return on assets | -47.3% | -51.6% | +25.0% | -40.2% | -20.2% |
| ROICReturn on invested capital | -61.1% | -86.5% | -0.2% | -65.0% | -23.2% |
| ROCEReturn on capital employed | -56.4% | -66.8% | -0.0% | -49.3% | -31.0% |
| Piotroski ScoreFundamental quality 0–9 | 1 | 4 | 5 | 3 | 3 |
| Debt / EquityFinancial leverage | — | 1.04x | 0.05x | 0.00x | 3.11x |
| Net DebtTotal debt minus cash | -$20M | $258M | -$37M | -$357M | $169M |
| Cash & Equiv.Liquid assets | $20M | $510M | $40M | $357M | $32M |
| Total DebtShort + long-term debt | $0 | $768M | $3M | $110,000 | $201M |
| Interest CoverageEBIT ÷ Interest expense | — | -14.31x | — | — | -5.15x |
Total Returns (Dividends Reinvested)
PRAX leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in INSM five years ago would be worth $32,649 today (with dividends reinvested), compared to $1,816 for SPRO. Over the past 12 months, PRAX leads with a +491.9% total return vs SPRO's -1.4%. The 3-year compound annual growth rate (CAGR) favors PRAX at 164.8% vs ENTA's -22.5% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +327.0% | -44.8% | +21.3% | -6.9% | -17.5% |
| 1-Year ReturnPast 12 months | +319.5% | +1.0% | -1.4% | +491.9% | +60.6% |
| 3-Year ReturnCumulative with dividends | -34.4% | +401.8% | +62.9% | +1757.4% | -53.4% |
| 5-Year ReturnCumulative with dividends | -69.2% | +226.5% | -81.8% | -14.2% | -75.0% |
| 10-Year ReturnCumulative with dividends | -39.4% | +845.4% | -75.2% | -36.1% | -48.3% |
| CAGR (3Y)Annualised 3-year return | -13.1% | +71.2% | +17.7% | +164.8% | -22.5% |
Risk & Volatility
Evenly matched — ANTX and SPRO each lead in 1 of 2 comparable metrics.
Risk & Volatility
ANTX is the less volatile stock with a 0.42 beta — it tends to amplify market swings less than PRAX's 1.55 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. SPRO currently trades 88.5% from its 52-week high vs INSM's 46.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.42x | 0.66x | 1.26x | 1.55x | 1.27x |
| 52-Week HighHighest price in past year | $6.91 | $212.75 | $3.22 | $366.52 | $17.15 |
| 52-Week LowLowest price in past year | $1.00 | $90.39 | $1.80 | $37.19 | $6.44 |
| % of 52W HighCurrent price vs 52-week peak | +68.6% | +46.0% | +88.5% | +72.7% | +69.4% |
| RSI (14)Momentum oscillator 0–100 | 54.5 | 36.9 | 49.6 | 31.9 | 35.9 |
| Avg Volume (50D)Average daily shares traded | 261K | 3.2M | 641K | 396K | 169K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Analyst consensus: ANTX as "Buy", INSM as "Buy", SPRO as "Buy", PRAX as "Buy", ENTA as "Buy". Consensus price targets imply 305.0% upside for ENTA (target: $48) vs 89.9% for ANTX (target: $9).
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $9.00 | $206.50 | — | $607.15 | $48.20 |
| # AnalystsCovering analysts | 8 | 35 | 13 | 16 | 19 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | — | — |
| Dividend StreakConsecutive years of raises | 0 | — | 0 | — | — |
| Dividend / ShareAnnual DPS | — | — | — | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
SPRO leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). PRAX leads in 1 (Total Returns). 2 tied.
ANTX vs INSM vs SPRO vs PRAX vs ENTA: Key Questions Answered
9 questions · data-driven answers · updated daily
01Is ANTX or INSM or SPRO or PRAX or ENTA a better buy right now?
For growth investors, Insmed Incorporated (INSM) is the stronger pick with 66.
7% revenue growth year-over-year, versus -100. 0% for Praxis Precision Medicines, Inc. (PRAX). Spero Therapeutics, Inc. (SPRO) offers the better valuation at 19. 0x trailing P/E (4. 3x forward), making it the more compelling value choice. Analysts rate AN2 Therapeutics, Inc. (ANTX) a "Buy" — based on 8 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — ANTX or INSM or SPRO or PRAX or ENTA?
Over the past 5 years, Insmed Incorporated (INSM) delivered a total return of +226.
5%, compared to -81. 8% for Spero Therapeutics, Inc. (SPRO). Over 10 years, the gap is even starker: INSM returned +845. 4% versus SPRO's -75. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — ANTX or INSM or SPRO or PRAX or ENTA?
By beta (market sensitivity over 5 years), AN2 Therapeutics, Inc.
(ANTX) is the lower-risk stock at 0. 42β versus Praxis Precision Medicines, Inc. 's 1. 55β — meaning PRAX is approximately 268% more volatile than ANTX relative to the S&P 500. On balance sheet safety, Praxis Precision Medicines, Inc. (PRAX) carries a lower debt/equity ratio of 0% versus 3% for Enanta Pharmaceuticals, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — ANTX or INSM or SPRO or PRAX or ENTA?
By revenue growth (latest reported year), Insmed Incorporated (INSM) is pulling ahead at 66.
7% versus -100. 0% for Praxis Precision Medicines, Inc. (PRAX). On earnings-per-share growth, the picture is similar: Spero Therapeutics, Inc. grew EPS 111. 8% year-over-year, compared to -32. 0% for Praxis Precision Medicines, Inc.. Over a 3-year CAGR, INSM leads at 35. 2% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — ANTX or INSM or SPRO or PRAX or ENTA?
Spero Therapeutics, Inc.
(SPRO) is the more profitable company, earning 14. 4% net margin versus -210. 5% for Insmed Incorporated — meaning it keeps 14. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ANTX leads at 0. 0% versus -194. 0% for INSM. At the gross margin level — before operating expenses — SPRO leads at 100. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is ANTX or INSM or SPRO or PRAX or ENTA more undervalued right now?
Analyst consensus price targets imply the most upside for ENTA: 305.
0% to $48. 20.
07Which pays a better dividend — ANTX or INSM or SPRO or PRAX or ENTA?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
08Is ANTX or INSM or SPRO or PRAX or ENTA better for a retirement portfolio?
For long-horizon retirement investors, Insmed Incorporated (INSM) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
66), +845. 4% 10Y return). Praxis Precision Medicines, Inc. (PRAX) carries a higher beta of 1. 55 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (INSM: +845. 4%, PRAX: -36. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between ANTX and INSM and SPRO and PRAX and ENTA?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: ANTX is a small-cap quality compounder stock; INSM is a mid-cap high-growth stock; SPRO is a small-cap high-growth stock; PRAX is a small-cap quality compounder stock; ENTA is a small-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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